Bangor vs Ultimo
Property investment comparison - Bangor, NSW 2234 vs Ultimo, NSW 2007
Head-to-head across core investment metrics: Bangor wins 4, Ultimo wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Bangor | Ultimo |
|---|---|---|
| Median house price | $1.7M | $1.7M |
| Median unit price | - | $705K |
| Gross rental yield (houses) | 3.29% | 3.17% |
| Gross rental yield (units) | - | 6.40% |
| 1-year house growth | +6.7% | -8.9%estimate |
| 3-year house growth | +25.9% | - |
| Vacancy rate | 0.6% | 1.6% |
| Population | 5,536 | 7,410 |
Bangor vs Ultimo: what the numbers say
The median house price is $1.7M in Bangor and $1.7M in Ultimo, so Bangor is the cheaper entry point.
On cash flow, Bangor leads: houses there return a gross rental yield of 3.29%, compared with 3.17% in Ultimo, a gap of 0.12 percentage points.
Over the past year house prices moved +6.7% in Bangor and -8.9% in Ultimo (an estimate), so recent momentum favours Bangor, while Ultimo went backwards.
Rental vacancy is 0.6% in Bangor and 1.6% in Ultimo, so landlords in Bangor face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Ultimo is the bigger suburb, with a population of 7,410 against 5,536, larger than Bangor; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bangor for rental income, Bangor for a lower purchase price, Bangor for recent price momentum, Bangor for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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